Member Article

Lambert Smith Hampton acquires Manchester-based Tushingham Moore

Commercial property consultancy Lambert Smith Hampton has acquired Manchester-based retail specialists Tushingham Moore.

Tushingham Moore, which is headquartered in St Ann’s Square, represents a range of retailers, institutions, developers and private investors and works with over 50 shopping centres including Spinningfields and the Arndale Centre.

Tushingham Moore’s Senior Partner, David Moore, will become head of the Lambert Smith Hampton’s North West region working alongside Abid Jaffry, head of LSH’s Manchester office.

David Moore said: “Tushingham Moore has been approached by potential buyers many times in its 27-year history, but none of the suitors offered the right opportunity for the business – until now.

“Despite being one of the country’s largest consultancies, Lambert Smith Hampton has a strong entrepreneurial culture and I look forward to being part of a business with such a clear vision and enterprising spirit.”

The deal, which follows the recent acquisition of ES Group by LSH, will take staff numbers in the North West to more than 140 and will give Lambert Smith Hampton expertise in an unrivalled range of service lines.

CEO of Lambert Smith Hampton, Ezra Nahome, said: “Tushingham Moore has an outstanding retail agency team, works with all of the main players in retail property, and has an unrivalled insight into its core market.

“Bringing Tushingham Moore into the Lambert Smith Hampton fold accelerates our plans to create a best-in-class retail team on a national basis, and builds on the successful acquisition of BTWShiells last year.

“ It further complements the expertise we gained when we brought on board ES Group last month.

“We are on a mission to build the nation’s most progressive commercial property agency, and are investing in areas where we believe we can add the most value for clients. “Becoming a major force in retail fits that strategy perfectly.”

This was posted in Bdaily's Members' News section by Sophia Taha .